Market snaps 9-day losing streak; Sensex jumps 227 pts, Nifty over 11,200

All that happened in the markets today

9:24 AM

Edelweiss Financials skids over 8%

9:23 AM

Sectoral trends on NSE

9:22 AM

Opening gainers and losers on S&P BSE Sensex

9:21 AM

Market check

9:21 AM

Market check

9:20 AM

Market at open

Sensex opens at 37,147, up 56 points or 0.15 per cent.

 

Nifty opens at 11,152, up 5 points or 0.04 per cent.

 

Nifty bank opens at 28,719, down 39 points or 0.14 per cent.

9:14 AM

Market lens by Reliance Securities

9:04 AM

Rupee opening : Re opens 70.44 vs Monday's close of Rs 70.52 per dollar

9:03 AM

Market at pre-open

9:02 AM

Market at pre-open

9:02 AM

NEWS ALERT | Amit Agarwal, Deputy CEO & CFO of Jet Airways resigns w.e.f. May 13: CNBC TV18

8:59 AM

Jet Airways, Nestle India and Vodafone Idea among top stocks to watch

Here's a look at the top stocks that are expected to trade actively in today's session -

 

Earnings today: As manny as 60 companies are scheduled to announce their Q4 earnings for 2018-19 later in the day. Prominent among them include Indian Bank, Nestle India, Union Bank of India and Zee Media.

 

Vodafone Idea: Vodafone Idea Ltd, India's largest telecom operator, on Monday reported a consolidated loss of Rs 4,881.9 crore for the quarter ended March 31, amid a brutal tariff war in India's telecom market. The company's average revenue per user (ARPU) grew by 16.3 per cent quarter on quarter to Rs 104 in the March quarter from Rs 89 in the December quarter. READ MORE

8:51 AM

NEWS ALERT | Bitcoin tops $8,000, hits highest since July 2018: Reuters

- Bitcoin was last up nearly 17% at $8,131 on the Bitstamp exchange, the largest daily percentage jump since early April. It hit a high of $8,167.50, a roughly 10-month peak.

- Some analysts pointed out that bitcoin’s rally coincided with the escalating trade war between the United States and China, which eroded overall market risk sentiment.

8:45 AM

NEWS ALERT | India 2019/20 sugar output to decline 8.4%: USDA attache

- Indian sugar production in 2019/20 is expected to decline 8.4% from the record-large 2018/19 crop to 30.3 million tonnes, the U.S. Department of Agriculture attache in New Delhi said in a report.

- Output is expected to fall as the area under harvest contracts and the average sugar recovery rate declines, and as ethanol becomes an increasingly attractive option for cane mills. 

- Exports are expected to total 3.5 million tonnes in 2019/20, one million of which will be re-exports under the Advance Authorization Scheme (AAS) and the remaining 2.5 million of which will be commercial sales.

8:41 AM

NEWS ALERT | IndiGo offers discounted rates: CNBC TV18

-Discounted fares on 1 million seats for travel May 29-Sep 28

 

- 3-day booking window for discounted fares

 

- Fares starting Rs 999 for domestic, Rs 3,499 onwards on international.